2, GROVE GARDENS, CALDICOT, NP26 4GY - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GROVE GARDENS is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £175,000 in October 2019, which was around 55% below the average October 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

2 GROVE GARDENS Sold Prices

Land registry data shows three sales for 2 GROVE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 2 GROVE GARDENS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 7 OCT	£175,000	£388,490	55% below HPI
2017 19 JUN	£145,000	£331,255	56% below HPI
2000 15 DEC	£58,500	£133,326	56% below HPI

2 GROVE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 2 GROVE GARDENS sales between December 2000 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2019 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 GROVE GARDENS?

2 GROVE GARDENS is 75m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 2 GROVE GARDENS lies on this distribution: 6% of detached houses are smaller than 2 GROVE GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

2 GROVE GARDENS: Plot and Title Map

2 GROVE GARDENS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2 GROVE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 GROVE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 GROVE GARDENS?

2 GROVE GARDENS is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 2 on GROVE GARDENS.